Blockchain game developer Immutable says 2024 outlook improved after reporting $50m loss

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Mar 17 2025

GODS-0.23%

IMX-2.221%

Should l Buy GODS?

Financial Recovery: After a $50 million loss in 2023, blockchain game developer Immutable has reported a revenue exceeding $110 million for 2024, marking a significant recovery attributed to the launch of its layer-2 network and investments in web3 gaming.
Market Trends: The firm is optimistic about future growth as on-chain gaming activity surges, with over 7 million daily unique active wallets recorded in January 2025, indicating increased interest in blockchain gaming.

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Technical Analysis for GODS

Technical Sentiment Analysis for Gods Unchained (GODS) As of , Gods Unchained (GODS) is exhibiting a Buy technical sentiment. Our proprietary analysis, which aggregates 8 technical signals, shows that 5 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for GODS stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, GODS is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Gods Unchained (GODS) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.0123	0.0235	0.033	0.0441	0.0536	0.0648	0.0743
Fibonacci	0.0235	0.0314	0.0362	0.0441	0.052	0.0569	0.0648

About GODS

Gods Unchained is a free-to-play tactical card game that gives players true ownership of their in-game items. Led by the former game director of Magic The Gathering: Arena, the game focuses on competitive play, which means players must strategically outsmart their opponents by building decks that are able to combat a wide variety of tactics. In Gods Unchained players completely own their digital items, giving them the freedom to trade, sell and use their cards any way they like – just like owning real, tangible cards.GODS is an ERC-20 token used as premium currency within the GU ecosystem. The tokens will be used to:Create an NFT.Used within the marketplace and for in-game purchases.Distributed as a reward to players.To learn more about this project, check out our deep dive of Gods Unchained.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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